14.04.2023
Setting sail on a yacht charter vacation is a dream come true for many adventure seekers. However, it is essential to be aware of the costs associated with renting a sailboat for a week in popular sailing destinations. This article will provide a comprehensive list of fees and expenses to consider when budgeting for your yacht charter experience, including marina/mooring fees, transit logs, deposit insurance, tourist taxes, food, fuel and water, transport, and the cost of hiring a skipper if you don't have a license.
Marina/Mooring Fees
Marina and mooring fees are essential expenses to consider when planning your yacht charter. These fees vary depending on the destination, the size of your boat, and the season. Expect to pay between EUR 50 to 150 per night for a standard yacht in popular sailing destinations. Keep in mind that marinas in high-demand areas or during peak season may charge higher rates. To save money, you can choose to anchor in sheltered bays or at a buoy instead of using marinas. City ports and piers or mooring at villages is cheaper and sometimes even free. You can also anchor in the wild and use marinas just to refuel or get water. You don’t have to pay at your home marina.
Transit Log
A transit log is a mandatory document required by some countries to record your sailing itinerary. The cost of a transit log varies depending on the destination but typically ranges between EUR 150 to 300. This fee covers administrative costs, permits and harbor fees, bedlinen, towels and final cleaning.
Security Deposit Insurance
Before embarking on your sailing adventure, you will be required to pay a refundable security deposit to cover any potential damages to the yacht. The deposit amount varies based on the yacht's size and age, but typically ranges from EUR 1,000 to 5,000. To minimize your financial risk, you can purchase deposit insurance, which typically costs 10% to 15% of the deposit amount. It can seem like just an extra expense, but it can really pay off to take it out. It allows you to spend a vacation at sea without having to worry about losing your deposit.
Tourist Tax
Tourist tax is a fee charged by some countries to visitors and is typically calculated per person, per night. The cost varies depending on the destination, but you can expect to pay between EUR 1 to 3 per person per night.
Food in Shops and Restaurants
The cost of food varies depending on your destination and your personal preferences. If you prefer to cook onboard, budget for around EUR100 to 150 per person per week for groceries. If you plan to dine out, you can expect to spend anywhere from EUR 20 to 50 per meal at local restaurants.
Fuel and Water
The cost of fuel and water for your yacht depends on the size of the boat, distance traveled, and local fuel prices. The average consumption for a typical yacht usually ranges between 5 and 12 litres per hour. On average, you can expect to spend between EUR200 to 400 per week on fuel, while water costs can range from 50 to 100 EUR per week. Keep in mind that water and electricity costs are usually included in the price of the marina berth.
Transport
When planning your yacht charter, remember to budget for transportation to and from the marina. This can include flights, car rentals, taxis, or public transportation. The cost will vary depending on the destination and the mode of transportation chosen.
Skipper
If you don't have a sailing license, you'll need to hire a skipper to navigate the yacht. The cost of hiring a skipper varies depending on their experience and the destination, but you can expect to pay between EUR 150 to 250 per day, plus you need to account for his meals.
Conclusion
Budgeting for your yacht charter vacation is crucial to ensure a smooth and enjoyable experience. By considering marina/mooring fees, transit logs, deposit insurance, tourist taxes, food costs, fuel and water, transport, and the cost of hiring a skipper, you can plan the perfect sailing adventure without any financial surprises. Remember, prices vary depending on the destination, season, and yacht size, so research your chosen location thoroughly and adjust your budget accordingly.